N/A
Market. This will not have been a complete quarter with the COVID19 crisis but earnings season will allow us to put real numbers to the bottom line with what we have seen with this pandemic. You will get a bit of a pass on the numbers from this quarter. The US Fed was an immediate savior of the liquidity crisis after the first fall in the markets. He thinks going forward we will see a distinction between the winners and the losers in the markets. The forthcoming rise will be more selective. Now is a time to reposition your portfolio. It is a bear market rally. Restarting the economy on the other side of this will be challenging. Some industries will do better than others. Massive debts that are being built up will have to be addressed.
PARTIAL BUY
He added more on the downturn. Technology will be a winner in this because of the increased use of technology. This is a name to stick with through this. It is already recovering fairly well.
WATCH
The shorter term risk is the on-line advertising market which will get hit with the economic slowdown. He thinks it is a great story longer term.
BUY
They have US dollars coming in now. This is not at the top of his list but you get a decent dividend yield and the balance sheet is in better shape. It is probably a decent buy.
BUY
Are there chances for a dividend decrease? He does not expect so. He is buying financials here. They have never cut their dividend. He thinks they may cut share buy-backs, however.
BUY

T-T, BCE-T, RCI.B-T, SJR.B-T. Telecom is the sector he is the most bullish on. It's his biggest position. It is the sector that is the most resilient. Online traffic has increased dramatically. T-T would not be the top of his telecom list. He would prefer SJR.B-T, BCE-T, and RCI.B-T because of their media businesses.

BUY

T-T, BCE-T, RCI.B-T, SJR.B-T. Telecom is the sector he is the most bullish on. It's his biggest position. It is the sector that is the most resilient. Online traffic has increased dramatically. T-T would not be the top of his telecom list. He would prefer SJR.B-T, BCE-T, and RCI.B-T because of their media businesses.

BUY

T-T, BCE-T, RCI.B-T, SJR.B-T. Telecom is the sector he is the most bullish on. It's his biggest position. It is the sector that is the most resilient. Online traffic has increased dramatically. T-T would not be the top of his telecom list. He would prefer SJR.B-T, BCE-T, and RCI.B-T because of their media businesses.

BUY

T-T, BCE-T, RCI.B-T, SJR.B-T. Telecom is the sector he is the most bullish on. It's his biggest position. It is the sector that is the most resilient. Online traffic has increased dramatically. T-T would not be the top of his telecom list. He would prefer SJR.B-T, BCE-T, and RCI.B-T because of their media businesses.

DON'T BUY
Management did a great job turning this company around. They probably have a few more risks to deal with at this point. He likes what they are doing. He is not buying it because he does not think you have to go this far down the risk curve right now.
COMMENT
It will do fine with rising interest rates. It is a holding company. He is not that bullish on the mutual fund industry.
PAST TOP PICK
(A Top Pick Jun 15/19, Up 10%) He was bullish on gold and still is. They got hit hard on the way down because of liquidity. Monetization of debt will cause a devaluation in currency and this is bullish for gold.
PAST TOP PICK
(A Top Pick Jun 15/19, Down 31%) They are so far ahead of themselves on streaming. They own massive content. This company will obviously survive but could have a couple of bad quarters. He still likes it longer term. He will probably look to add more soon.
PAST TOP PICK
(A Top Pick Jun 15/19, Down 78%) The environment for energy back then was nothing like it is now. The oil situation is far from over. The producers are going to have some dire days ahead.
DON'T BUY
RCL-N vs. CCL-N. He would be cautious on both names. Both businesses will survive but never be the same. There is enough risk investing in safe stocks that you don't need to buy these.